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Taxes Around The World
You probably just received your tax forms in the mail. If you think your taxes are complicated, though, imagine a business's tax forms. PrincewaterhouseCoopers recently completed a survey of how easy it is for businesses to pay taxes in every country in the world, based on a variety of categories. The United States ranked 64th out of 183 countries surveyed. Here are, for comparison, the countries with the simplest (and cheapest) and most complicated (and most expensive) tax systems.
A. Number of payments a year
B. House per year spent complying
C. Total tax rate (sum of profit, labor, and consumption taxes)
5 LEAST COMPLICATED TAX SYSTEMS
UNITED ARAB EMERATES
5 MOST COMPLICATED TAX SYSTEMS
REP. OF CONGO
CENTRAL AFRICAN REPUBLIC